BE IT ORDAINED by the Council of the Town of Chapel Hill that the Budget Ordinance entitled “An Ordinance Concerning Appropriations and the Raising of Revenue for the Fiscal Year Beginning July 1, 2006” as duly adopted on June 26, 2006 and the same is hereby amended as follows:
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ARTICLE I |
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Current |
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Revised |
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APPROPRIATIONS |
Budget |
Increase |
Decrease |
Budget |
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GENERAL FUND |
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Non-Departmental |
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Transfer to Downtown Initiative |
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Project Ordinance Fund |
0 |
460,000 |
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460,000 |
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ARTICLE II |
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Current |
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Revised |
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REVENUES |
Budget |
Increase |
Decrease |
Budget |
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GENERAL FUND |
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(appropriated fund balance) |
3,791,988 |
460,000 |
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4,251,988 |
This the 7th day of May, 2007.